New bill reinstating public financing for political parties to cost more than $45-million: PBO

Restoring the federal per vote subsidy will net registered parties an additional $43.1-million in political funds in 2018, rising to $43.9-million in 2021, even if Canadians can only collectively donate $2,600 each year, the PBO report shows

A new report from the Office of the Parliamentary Budget Officer, headed by Jean-Denis Fréchette, pictured, projects that a private member’s bill reintroducing public financing for political parties and slashing the maximum limit on individual donations will cost taxpayers around $45-million each year. The Hill Times photograph by Andrew Meade

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BY MARCO VIGLIOTTI

January 30, 2018

PARLIAMENT HILL—A private member’s bill reintroducing public financing for political parties and slashing the maximum limit on individual donations will cost taxpayers roughly $45-million annually, according to a new analysis released from the Parliamentary Budget ...

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